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Tribune News Service
Tribune News Service
Business
Ethan Baron

Elizabeth Holmes: Key witness tells judge he stands by testimony against Theranos founder

A key prosecution witness against Theranos founder Elizabeth Holmes told her judge Monday that although he visited her home months after her fraud conviction — an incident Holmes is seeking to use as grounds for a new trial — he stands by the testimony he gave in her trial.

Holmes is scheduled to be sentenced Nov. 18 on four counts of felony fraud, after a jury in January convicted her of defrauding investors in her now-defunct Palo Alto blood-testing startup out of more than $144 million. Legal experts say Judge Edward Davila will likely hand her a multi-year prison sentence.

Early in her four-month trial, former Theranos lab director Dr. Adam Rosendorff testified for the prosecution that Theranos had “valued PR and fundraising over patient care,” and that he felt “obligated from a moral and ethical perspective to alert the public” about inaccurate test results.

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